CarGurus
CARG
370 hedge funds and large institutions have $2.72B invested in CarGurus in 2026 Q2 according to their latest regulatory filings, with 63 funds opening new positions, 115 increasing their positions, 146 reducing their positions, and 51 closing their positions.
87% more call options, than puts
Call options by funds: $2.23M | Put options by funds: $1.19M
24% more first-time investments, than exits
New positions opened: 63 | Existing positions closed: 51
2.89% more ownership
Funds ownership: 102.05% → 104.94% (+2.9%)
2% more funds holding
Funds holding: 361 → 370 (+9)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
3% less capital invested
Capital invested by funds: $2.82B → $2.72B (-$97.4M)
21% less repeat investments, than reductions
Existing positions increased: 115 | Existing positions reduced: 146
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$45.8M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
+$24.6M |
| 3 |
Millennium Management
New York
|
+$17.7M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$17.5M |
| 5 |
PFCS
Pale Fire Capital SE
Prague,
Czech Republic
|
+$12.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$87.2M |
| 2 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
-$28.8M |
| 3 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
-$24.8M |
| 4 |
BBCM
Broad Bay Capital Management
New York
|
-$24.6M |
| 5 |
AFCM
Alta Fox Capital Management
Fort Worth,
Texas
|
-$24.1M |
CARG Hedge Fund Activity: Q2 2026 in Review
370 of the 8,349 institutional investors tracked by Wall St. Rank reported a position in CarGurus (CARG) for Q2 2026, worth a combined $2.72B — down 3.5% from $2.82B a quarter earlier.
Buyers outnumbered sellers: 63 funds opened new CARG positions and 51 closed out — a net gain of 12 holders — while 115 added to existing stakes and 146 trimmed.
The largest buyer was Manulife (Manufacturers Life Insurance), adding an estimated $45.8M. The largest seller was Wellington Management Group, cutting an estimated $87.2M.
- 370 institutional investors held CarGurus (CARG) as of Q2 2026, up from 361 in Q1 2026.
- Funds reported $2.72B of CarGurus stock for Q2 2026, down 3.5% quarter-over-quarter.
- 63 funds opened new CarGurus positions in Q2 2026 and 51 closed out, a net change of +12 holders.
- The largest CarGurus buyer in Q2 2026 was Manulife (Manufacturers Life Insurance), an estimated $45.8M added.
- The largest CarGurus seller in Q2 2026 was Wellington Management Group, an estimated $87.2M sold.
Based on aggregated 13F filings for Q2 2026.